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Central bank gives out economic outlook for 2010
Dec 14, 2009
The following is part of the economic outlook for 2010 released by the Bank of Korea. To see the  full report, click DOWNLOAD.The GDP growth rate for 2010 is expected to register 4.6%. Growth momentum is predicted to strengthen gradually, showing 0.7% in the first ...

Korea meets economic challenge with top-tier products
Nov 23, 2009
The latest financial crisis has been a daunting challenge for every nation, but the Korean economy beat its own path with top-notch products and the fastest economic recovery rate of all other nations.In late October Samsung Electronics announced that it had developed an LED TV p...

Korea meets economic challenge with top-tier products
Nov 23, 2009
The latest financial crisis has been a daunting challenge for every nation, but the Korean economy beat its own path with top-notch products and the fastest economic recovery rate of all other nations.In late October Samsung Electronics announced that it had developed an LED TV p...

Ambitious three-day Asia Economic Community Forum comes...
Nov 13, 2009
The first ever Asia Economic Community Forum has just successfully wrapped up on the recently developed island of Songdo in the port city of Incheon. With a vision of "Creating One Asia Together," over a thousand scholars, businesspeople, intellectuals, ambassadors and other lea...

Ambitious three-day Asia Economic Community Forum comes...
Nov 13, 2009
The first ever Asia Economic Community Forum has just successfully wrapped up on the recently developed island of Songdo in the port city of Incheon. With a vision of "Creating One Asia Together," over a thousand scholars, businesspeople, intellectuals, ambassadors and other lea...

Finance Ministry holds economic cooperation seminar wit...
Nov 09, 2009
On the occasion of the fifth anniversary of conducting the Knowledge Sharing Program (KSP), a seminar on the KSP of Korea’s Economic Development [was] held on November 4-5, co-hosted by the Ministry of Strategy and Finance (MOSF), the Korea Development Institute (KDI), and the Wo...

Finance Ministry holds economic cooperation seminar wit...
Nov 09, 2009
On the occasion of the fifth anniversary of conducting the Knowledge Sharing Program (KSP), a seminar on the KSP of Korea’s Economic Development [was] held on November 4-5, co-hosted by the Ministry of Strategy and Finance (MOSF), the Korea Development Institute (KDI), and the Wo...

Domestic banks' earnings to improve thanks to economic ...
Nov 06, 2009
The following is a press release dated Nov. 3.According to a preliminary report, the combined net income of domestic banks during the first nine months of the year was KRW4.9 trillion, down KRW3.3 trillion or 40% from KRW8.2 trillion in the same period last year. Meanwhile, banks...

Domestic banks' earnings to improve thanks to economic ...
Nov 06, 2009
The following is a press release dated Nov. 3.According to a preliminary report, the combined net income of domestic banks during the first nine months of the year was KRW4.9 trillion, down KRW3.3 trillion or 40% from KRW8.2 trillion in the same period last year. Meanwhile, banks...

WSJ reports on Korea's rapid economic recovery
Aug 04, 2009
The renowned U.S. economic daily Wall Street Journal said Monday (Aug. 3) that Korea’s economic recovery had accelerated again over the past two months (June and July), pinpointing the country’s latest statistics for industrial output and trade volume. The daily quoted Korean go...